India's Economic Decline Is One Of The Most Under-Reported Stories This Yea

[patna_ke_presley]

india borrowed too much, lost control of its inflation, lost control of corruption, ruppee no longer worth anything, indian businesses going bankrupt.

Soon Pakistan , Bangladesh, Nepal and Bhutan will all be much wealthier than india again.

And india was really hoping it was going to be a superpower by buying foreign weapons but the truth is india is totally incredible (look at the commonwealth games).

Right now Pakistan 83% budget is wasted in repaying debt, defence budget and running the administration and only 17% is left for people. Their foreign debt is 4 times than their exchange reserve. It is even difficult for them to run basic services in the country like railways and industries.

Anyway I am quite impressed by way Chinese media is censoring economic slowdown of China. HangSeng is worst Share market this year in whole Asia and hope that it will maintain that trend next year also.

http://www.latimes.com/business/la-fi-china-bears-20111128,0,3950609,full.story

 

[alphamale]

despite all hurdles indian growth rate will be 7.5%. i don't think 7.5% growth rate is a cause of worry esp if we look at the situation around the world. only a fool would consider 7.5% growth rate as cause of worry.

 

[ChinaToday]

By June 2012, he'll be happy with 5%.

By december 2013 he will ask china for a rescue

 

[Lyrical Mockery]

By december 2013 he will ask china for a rescue

Let's wait and see.

2013 is still some time away. save your happiness till then